Cameco Corporation $CCJ Stock Holdings Lessened by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. cut its stake in shares of Cameco Corporation (NYSE:CCJ) (TSE:CCO) by 10.6% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 472,964 shares of the basic materials company’s stock after selling 55,833 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Cameco were worth $39,663,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in shares of Cameco by 2.8% during the 2nd quarter. Vanguard Group Inc. now owns 17,565,529 shares of the basic materials company’s stock valued at $1,304,504,000 after buying an additional 481,171 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in shares of Cameco by 41.4% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 7,076,815 shares of the basic materials company’s stock worth $524,988,000 after acquiring an additional 2,071,373 shares during the last quarter. Norges Bank purchased a new stake in shares of Cameco during the second quarter worth $341,736,000. William Blair Investment Management LLC boosted its position in Cameco by 15.1% during the second quarter. William Blair Investment Management LLC now owns 3,869,291 shares of the basic materials company’s stock valued at $287,217,000 after purchasing an additional 506,667 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Cameco by 20.7% during the second quarter. Geode Capital Management LLC now owns 3,372,878 shares of the basic materials company’s stock valued at $250,797,000 after purchasing an additional 578,393 shares during the last quarter. Institutional investors and hedge funds own 70.21% of the company’s stock.

Cameco Stock Up 3.2%

CCJ opened at $116.50 on Friday. The firm has a market cap of $50.73 billion, a P/E ratio of 135.47 and a beta of 1.01. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.85 and a current ratio of 2.99. The business has a 50 day moving average price of $93.29 and a 200 day moving average price of $85.60. Cameco Corporation has a twelve month low of $35.00 and a twelve month high of $118.54.

Cameco (NYSE:CCJ) (TSE:CCO) last released its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.17). Cameco had a net margin of 15.24% and a return on equity of 8.58%. The firm had revenue of $313.74 million during the quarter, compared to the consensus estimate of $531.72 million. During the same period in the prior year, the business earned ($0.01) EPS. The company’s revenue for the quarter was down 14.7% compared to the same quarter last year. Research analysts forecast that Cameco Corporation will post 1.27 EPS for the current year.

Cameco Increases Dividend

The company also recently announced an annual dividend, which was paid on Tuesday, December 16th. Shareholders of record on Monday, December 1st were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a yield of 27.0%. This is a positive change from Cameco’s previous annual dividend of $0.12. Cameco’s dividend payout ratio (DPR) is presently 19.77%.

More Cameco News

Here are the key news stories impacting Cameco this week:

• Positive Sentiment: Zacks upgraded Cameco from Hold to Strong Buy and added CCJ to its Zacks Rank #1 (Strong Buy) and momentum lists, signaling rising analyst optimism about earnings and near-term upside potential. Read More.
• Positive Sentiment: Bank of America included Cameco on a short list of three metals/mining stocks to own in 2026, highlighting uranium’s role in the global nuclear buildout and Cameco’s contract-heavy business model that provides revenue visibility. Read More.
• Positive Sentiment: Unusually large call-option activity: about 384,705 calls were bought on Thursday (~1,490% above normal daily call volume), a flows signal consistent with speculative bullish positioning that can amplify upward price moves. Read More.
• Positive Sentiment: Multiple Zacks items explain why CCJ joined lists of new Strong Buy and momentum picks, reinforcing the narrative that upgrades and positive screen-based coverage are driving investor demand. Read More.
• Neutral Sentiment: A sector comparison article highlights Cameco’s strong year-to-date performance vs. oil/energy peers and another uranium player (UROY), which provides context but is not a direct catalyst. Read More.
• Neutral Sentiment: A Zacks piece on Wall Street optimism reviews analyst sentiment and explains how brokerage ratings can affect price; useful framing but not a new catalyst. Read More.
• Negative Sentiment: Reported insider selling: Rep. Gilbert Ray Cisneros, Jr. reportedly unloaded Cameco shares, which can be viewed negatively by some investors as a signal of reduced insider conviction (though one sale alone is often ambiguous). Read More.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. The Goldman Sachs Group upped their target price on Cameco from $95.00 to $109.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Royal Bank Of Canada dropped their price objective on Cameco from $160.00 to $150.00 and set an “outperform” rating on the stock in a report on Thursday, November 13th. Raymond James Financial reaffirmed an “outperform” rating on shares of Cameco in a research report on Wednesday. UBS Group began coverage on shares of Cameco in a research report on Monday, November 10th. They issued a “neutral” rating and a $140.00 target price for the company. Finally, Glj Research restated a “buy” rating and set a $99.74 price target on shares of Cameco in a research note on Wednesday, December 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $121.68.

Cameco Company Profile

Cameco Corporation (NYSE: CCJ) is a leading producer of uranium and a supplier to the global nuclear power industry. Headquartered in Saskatoon, Saskatchewan, Canada, the company is engaged in the exploration, mining, milling and sale of uranium concentrate, commonly known as yellowcake, which is used as fuel for nuclear reactors. Cameco also participates in services and activities that support the front end of the nuclear fuel cycle, including processing and marketing of uranium to utilities under long‑term and spot contracts.

The company’s operations have historically centered in Canada and the United States, where it operates and develops uranium mining and processing properties.